BTC Trend Characteristics: Over the past two days, the price has tested the support level of $112,500 multiple times without breaking it, and the long lower shadow indicates strong buying interest at lower levels; the short-term moving averages are in a bearish arrangement, suppressing the price, but the shrinking trading volume weakens the downward momentum, and the pullback is seen as a shakeout, which has not damaged the medium to long-term upward trend. Support and Resistance: Support range $112,000 - $111,000 (100-day moving average + previous low), if broken, look for $107,000 - $110,000; resistance level $117,000 (bull-bear dividing line), breakthrough target $120,000, triggering a rapid rise in short liquidation.
ETH Trend Characteristics: After reaching $4,062 yesterday, there was a quick rebound, with continuous long lower shadows on the 4-hour level; strong buying in the $4,000 - $4,100 range; MACD golden cross, stabilizing above the EMA30 moving average, restarting the upward trend; an 8% pullback on the daily chart is a healthy correction and has not damaged the three-month ascending channel. Support and Resistance: Support range $4,100 - $4,150 (CME gap fill + upper channel), strong support at $4,000, if broken, deep correction to $3,800; resistance level $4,350 (short-term resistance), breakthrough target $4,350 - $4,380 (short liquidation magnet area), stabilizing above looks to $4,864 historical high.
